Hello everyone! Are you interested in developing a chat app like Monkey? Well, if you are really interested then this guide will help you to build apps like Monkey. Just choose one of the best app development companies for your Monkey app development.
Nowadays people like to chat or connect with another person via call or video chat. Monkey apps provide multiple features and people like these kinds of apps often. So developing such an app is a brilliant idea. People really like chat apps to connect with random persons to interact with them and that’s why these apps are trending.
In this blog you will discover everything about how to develop chat apps like the Monkey, like the development process, why it is important to build, reasons to invest, features, estimation cost, revenue models, and many more.
Before discussing all of these things let’s start with some market stats.
Market Stats of Chat Apps Like Monkey: Trends, Growth, and Future Outlook
According to verifiedmarketresearch.com, the global chat application market is experiencing significant growth. In 2023, the market was valued at approximately $63.78 billion and is projected to reach $213.4 billion by 2030, growing at a compound annual growth rate (CAGR) of 15.3% during the forecast period from 2024 to 2030.
Focusing on social networking apps, the market was valued at $60.81 billion in 2023 and is expected to grow at a CAGR of 23.7%, reaching $310.37 billion by 2030. (Source : grandviewresearch.com)
When it comes to random video chatting apps like “Monkey,” the exact and specific revenue forecast figures for the period from 2025 through 2030 are not available. Nonetheless, the overall trends in the market for chat and social networking apps indicate an upward trajectory for these kinds of applications.
Must-Have Features to Create Apps Like Monkey
Many features rule the entire app and each feature makes its own audience because people want something extraordinary to use the particular app. Here is the list of features that are really essential for chat apps like Monkey.
With the help of these features, you can build apps like Monkey successfully as per the market trend and demand, just hire the best chat app development company.
Instant Video Chat
Instant video chat is the most wanted feature by the people and audience in such kinds of chat apps. In these chat applications, users connect randomly for real-time face-to-face interactions.
Admin Panel & Analytics
Admin panel and analytics features are important to integrate because this feature provides an admin dashboard for monitoring users, analyzing data, and managing content.
Text & Voice Messaging
Text and voice messaging features are well required so integrate this feature when you go to make a chat app like Money because it lets users send messages, emojis, and voice notes during or after video calls.
AI-Based Matching
AI is playing a vast role in every sector because AI algorithms pair users based on interests, age, or location. Integrating artificial intelligence is the most important feature in chat apps.
Filters & Effects
Filters and effects are the most preferred first-choice feature in such applications because this feature enhances video chats with AR filters, stickers, and beauty effects.
Social Media Integration
Social media integration is one of the features that allow users to link their Facebook, Instagram, or Snapchat accounts for easy sign-up. People can easily log in to their accounts.
Virtual Gifts & Coins
Virtual gifts and coins are the most popular features in chat apps because this feature offers in-app purchases like digital gifts, which users can send to each other.
Gender & Location Filters
This feature is very required because it gives users the option to filter matches based on gender or location preferences. So, when you go to create apps like Monkey, you must consider this feature.
Safety & Moderation
Safety and moderation is an important feature because of implementing AI-based content moderation and report/block features to ensure a safe experience in these apps.
Multi-Language Support
With the help of this feature, users can choose their preferred language for the entire app. It expands the user base by supporting multiple languages for a global audience.
Live Streaming
Live streaming is also a considerable feature because it enables users to broadcast live to a wider audience and interact in real-time. To integrate this feature while build apps like Money.
How AI is Revolutionizing Chat Apps Like Monkey?
Artificial intelligence plays a vast role in every sector, especially in chat applications. With the help of AI, these applications are easy to use and provide many features which enhance the value of these applications.
So, make sure that when you hire an AI chatbot development team ask about their past work. Look at the enhancement of how AI makes these chat apps more considerable:
Smart Matching
AI helps users connect with others based on their interests, behavior, and preferences for better conversations and interactions.
Chatbots & Virtual Assistants
AI-powered bots help enhance user engagement by providing instant responses and support.
Content Moderation
AI smartly detects and filters inappropriate content, and makes a safe chat environment for the app users.
Face & Gesture Recognition
AI helps in improving interactions with facial filters, effects, and expression-based features.
Real-Time Translations
AI translates the words in a preferred language by enabling seamless communication between users speaking different languages.
Security & Fraud Detection
AI easily identifies fake profiles, bots, and suspicious activities to prevent scams and helps build a safe environment for users.
Personalized User Experience
AI can suggest friends, topics, and interactions based on user activity to make the process easy and fast.
Well as per the AI advancement, you have to integrate AI functions and features into your chat application. You just need to get a quotation of the AI chatbot development cost while developing your app.
| Expert opinion Monkey can be a fun way to meet new people for quick video chats. However, serious safety concerns regarding age verification and user moderation cannot be ignored. – Dr. Laura Berman (Relationship Expert) |
Reasons to Invest in Developing Apps Like Monkey
There are many reasons to invest in build apps like Monkey. You have to know the reasons why you have to invest in such an app idea. Because of these reasons you can also invest your money to develop multi purpose messaging app like WeChat.
Look at these reasons and make your decision by knowing everything about it.
Growing Demand for Video Chat Apps
As per the market scenario, there is a high demand for video chat apps. People like to chat with other people via video with social interaction shifting online, that’s why real-time video chat apps are in high demand.
High Revenue Potential
High revenue potential is also a reason to invest in such an app idea. In the market, there are many monetization options like ads, subscriptions, and in-app purchases that make these apps profitable and generate a good amount of money.
User Engagement & Retention
User engagement and retention are one of the foremost reasons to invest in create apps like Monkey because of interactive features like AI-based matching and gamification to keep users engaged for longer.
Expanding Social Networking Market
The expanding social networking market is also a strong reason to invest in make apps like Monkey. The social media and networking industry is booming, providing a huge user base.
Advancements in AI & Video Tech
Artificial intelligence helps to use the app more efficiently and effectively. As everyone knows AI-driven filters, facial recognition, and real-time video processing enhance the user experience.
Cross-Platform Accessibility
Chat apps can be launched on iOS, Android, and web platforms, maximizing reach. This is also a reason to invest in such an app idea.
Scalability & Global Reach
Scalability and global reach are the core reasons to invest in developing chat apps like Monkey because, with cloud-based infrastructure, these chat apps can expand quickly and attract users worldwide.
The Tech Stack Behind the Success of Apps Like Monkey
The tech stack is the most important thing to choose carefully when you are going to create apps like Monkey. When you make a decision to make apps like Money, you can consider these tech stacks for your app and develop similar apps like Monkey. With these technologies you can also build an app like omegle, so look at this table of technologies for your better understanding.
| Development Area | Technology Stack (For Apps Like Monkey) |
| Frontend Development | React Native, Flutter, Swift (iOS), Kotlin (Android) |
| Backend Development | Node.js, Django, Ruby on Rails, Express.js |
| Database Management | Firebase, PostgreSQL, MongoDB, MySQL |
| Real-Time Video Chat | WebRTC, Agora.io, Twilio Video API, Jitsi Meet |
| Messaging & Notifications | Firebase Cloud Messaging (FCM), Twilio, Sendbird |
| AI & ML Features | OpenAI API, TensorFlow, Google ML Kit, Amazon Rekognition |
| Cloud & Hosting | AWS (EC2, S3, Lambda), Google Cloud, Microsoft Azure |
| Security & Authentication | OAuth 2.0, Firebase Authentication, JWT, SSL/TLS Encryption |
| Admin Panel & Analytics | Google Analytics, Firebase Analytics, Mixpanel, Metabase |
| Payment Integration | Stripe, PayPal, Razorpay, Apple Pay, Google Pay |
| Third-Party APIs | Social Media Login APIs (Facebook, Google, Apple), RESTful & GraphQL APIs |
Steps-by-Step Process to Build Apps Like Monkey
Well, this is a very important point of this blog. If you really want to make apps like Monkey then just follow these steps to create the Monkey-like app.
Market Research & Planning
Firstly you have to do market research and planning with your chosen Monkey app development company. You have to analyze user preferences, and competitor apps, and define core features like video chat, filters, and AI-based matching.
UI/UX Design
In this next step, make sure your hired designers also create an intuitive and engaging interface with smooth navigation, interactive animations, and easy-to-use chat features. This is an important step and needs to be done carefully.
App Development
In this step, now it’s time to build the frontend (React Native, Swift, Kotlin) and backend (Node.js, Firebase) while integrating video APIs like WebRTC or Agora. You have to hire mobile app developers who are experienced in developing the app.
Testing & Deployment
After app development, it’s time to test and launch your app. Your testers will conduct thorough testing for performance, security, and user experience before launching on the App Store and Google Play.
Maintenance & Scaling
In this last step, you have to maintain and scale your app according to market demand and needs. Your development team has to continuously update the app, fix bugs, improve security, and add new features based on user feedback.
With the help of these steps you can also develop apps like snapchat easily and successfully. So consider these step by step development processes when you make up your mind to build other chat apps.
Revenue Models of the Apps Like Monkey
Here are some revenue models of the chat app like Money. You can choose the best one for your app according to your requirements. With these revenue models or monetization strategies, you can earn a good amount of money. So look at these models and choose for your app.
In-App Ads
This is the best revenue model for chat apps because you can display banners, videos, and interactive ads to earn revenue from advertisers. This revenue model is used by popular networks like Google AdMob and Facebook Audience.
Subscription Plans
Consider this revenue model for your app because it offers premium memberships with exclusive features like unlimited video calls, ad-free experience, and priority matching for a monthly or yearly fee.
In-App Purchases
Go for this revenue model because in this model users can buy virtual gifts, stickers, filters, or other digital items to enhance your audiences’ chatting experience.
Pay-Per-Call Model
This monetisation strategy is also ideal for your app because in this model you can charge a particular fixed amount to your users for extended video chat durations or private conversations after a limited free trial period.
Sponsorship & Partnerships
Sponsorship and partnerships are the most popular revenue model for chat apps because in this you can collaborate with brands to promote their content or run sponsored events within the app for additional revenue.
How Much Does it Cost to Develop Apps Like Monkey?
The mobile app development cost depends upon multiple factors like app features, complexity, time period, developer team’s location and experiences, and many more. Whenever you make up your mind to develop apps like Monkey, you need to ask the estimated cost of the chosen Monkey app development company.
Well, here we make a cost estimation table for developing an app like Monkey, categorized into Basic, Advanced, and Complex versions. With the help of this cost estimation you can also develop apps like ChatGPT. So look at this table and get cost estimation.
| Development Roles | Basic App ($15,000 – $25,000) | Advanced App ($30,000 – $60,000) | Complex App ($70,000 – $150,000+) |
| UI/UX Design | $2,000 – $4,000 | $5,000 – $8,000 | $10,000 – $15,000 |
| Frontend Development | $4,000 – $7,000 | $8,000 – $15,000 | $20,000 – $40,000 |
| Backend Development | $5,000 – $8,000 | $12,000 – $20,000 | $30,000 – $50,000 |
| Video & Chat Integration | $2,000 – $5,000 | $7,000 – $12,000 | $15,000 – $30,000 |
| AI/ML Features (Filters, Matching, Moderation) | N/A | $5,000 – $10,000 | $20,000 – $40,000 |
| Database & Cloud Storage | $1,500 – $3,000 | $4,000 – $7,000 | $10,000 – $20,000 |
| Security Features (Encryption, Privacy Controls) | $1,000 – $3,000 | $5,000 – $10,000 | $15,000 – $25,000 |
| Admin Panel & Analytics | $2,000 – $5,000 | $7,000 – $12,000 | $15,000 – $25,000 |
| Testing & QA | $2,000 – $4,000 | $5,000 – $10,000 | $12,000 – $20,000 |
| Maintenance & Updates (Annual) | $3,000 – $5,000 | $8,000 – $15,000 | $20,000 – $40,000 |
| Total Cost Estimate | $15,000 – $25,000 | $30,000 – $60,000 | $70,000 – $150,000+ |
Nutshell
Let’s discuss the conclusion of this blog. Here you get all the information about “how to build apps like Monkey?”. You just need to choose the best Monkey app development company that can provide all mobile app development services at the most affordable prices. In the market, there are many options available and to choose the ideal one and perfect one for your project is not an easy task. So whenever you go to find the best one, you have to ask questions while hiring the team.
Octal IT Solution is one of the best to select for your chat app development requirements because here you get all professional developers who can build the app professionally and according to your demand. At Octal you will get the most affordable solutions without compromising the quality of work. So connect now and discuss your project.
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